Former Chancellor Nadhim Zahawi Appointed Chairman of The Very Group by Barclay Family
Former Chancellor Nadhim Zahawi has been appointed by the billionaire Barclay family to chair The very Group.
The Stratford-on-Avon MP, who recently announced his intention to step down at the upcoming General Election, has already been serving as the non-executive chairman at the Merseyside-headquartered conglomerate, which encompasses retail giants Very and Littlewoods.
Zahawi steps into this position after succeeding Aidan Barclay, who held the role on an interim basis since February following the departure of Dirk Van den Berghe.
Prior to his involvement in politics, Zahawi made waves in the business world as the founder of YouGov, showcasing a diverse portfolio before venturing into Westminster in 2010. With notable stints as health secretary and chairman of the Conservative Party, Zahawi brings a wealth of experience to his new role at The Very Group.
While speculation had swirled around Zahawi potentially assuming the chairmanship of the Telegraph, another Barclay family asset, ongoing takeover negotiations have yet to reach a conclusion, leaving his future involvement uncertain.
Read more:
Former Chancellor Nadhim Zahawi Appointed Chairman of The Very Group by Barclay Family
More Stories
US government quadruples its $9bn Intel bet
The state obtained 10% of the chipmaker’s stock in 2025, near its lowest valuation in over a decade The US...
US big tech giants to axe up to 16,000 employees – FT
Plans by Meta and Microsoft to cut up to 10% of staff reportedly come amid rising costs from heavy AI...
Employers hit with £28bn National Insurance Shock as rate rise bites harder than treasury forecast
Britain’s employers have been saddled with a £28bn increase in their National Insurance Contributions bill over the past year, a...
L’Oréal banks on the ‘lipstick effect’ as anxious shoppers reach for affordable luxuries
L’Oréal has delivered a bullish set of first-quarter numbers, with chief executive Nicolas Hieronimus crediting the so-called “lipstick effect” for...
UK employers saddled with sharpest tax rise in developed world, OECD finds
British workers and the businesses that employ them have been clobbered by the steepest increase in employment taxes of any...
When Is The Right Time For A Startup To Adopt Customer Support Voice AI?
Voice AI has become impossible to ignore. Demos sound smooth. Vendors promise round-the-clock coverage, lower payroll costs, and instant scalability....
